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Record thefts boost North Korea to third-largest bitcoin holder (www.thetimes.com)

submitted 1 week ago by [email protected] to c/[email protected]

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North Korea has become the world’s third-largest holder of bitcoin after the governments of the United States and Britain, after the success of hackers stealing cryptocurrency in audacious online attacks.

According to data published by a cryptocurrency monitoring company, North Korea’s biggest and most successful cyber-hacking organisation, Lazarus, holds a total of 13,580 bitcoin, worth £886 million, after a record-breaking theft last month.

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[–] [email protected] 2 points 1 week ago

If NK wants to fuck with BTC valuations they just have to sell at an extreme loss. If they sold their haul at $.01 that would fuck the cryptosphere up.